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Covid-19 recession: lessons from past severe recessions

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Article

Herr, Hansjörg

Global Labour Column

2020

338

1-2

epidemic disease ; economic recession ; wages ; deflation ; public debt

Business economics

http://column.global-labour-university.org/2020/05/covid-19-recession-lessons-from-past.html

English

"The covid-19 pandemic could lead to the most severe recession since World War II. The ‘COVID-19 Recession' of 2020/2021 will be deeper than the ‘Great Recession' in 2009 after the financial crisis in 2007/2008 and can be compared with the ‘Great Depression' in the 1930s."

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